ASX-listed Aurum Resources has provided the following activities summary and Appendix 5B for the Quarter ended 30 June 2025, including activities at its Boundiali and Napié Gold Projects in Côte d’Ivoire, West Africa.
Highlights
Further high-grade results from exploration and resources definition drilling at Boundiali Gold Project:
- Diamond drilling for resource expansion and upgrade at BDT1 deposit on Boundiali’s BD tenement returned shallow, high-grade gold hits, with the following intercepts in addition to 83m @ 4.87 g/t Au (DSDD0148 reported on 27/03/2025):
- 89m @ 2.42 g/t Au from 213 m inc. 7m @ 14.46 g/t Au & 6m @ 9.01 g/t Au (DSDD0150)
- 63m @ 0.94 g/t Au from 116 m inc. 6m @ 1.60 g/t Au & 7m @ 1.91 g/t Au (DSDD0149A)
- 66m @ 1.07 g/t Au from 33m inc. 21.73m @ 1.01 g/t Au & 29m @ 1.46 g/t Au (DSDD0190A)
- 34m @ 2.32 g/t Au from 56m inc. 9m @ 5.44 g/t Au (DSDD0157)
- 48m @ 1.27 g/t Au from 73m inc. 8m @ 3.11 g/t Au (DSDD0166)
- These results provide potential to upgrade BDT1 deposit qualitatively and quantitatively.
- Diamond drilling for exploration and resources definition at BDT3 prospect (outside current MRE) on Boundiali’s BD tenement returned shallow, high-grade gold hits, with intercepts including:
- 22.71m @ 4.78 g/t Au from 177.59 m inc. 5.41m @ 12.66 g/t Au & 10m @ 3.60 g/t Au (DSDD0162)
- This is in addition to 12m @ 22.02 g/t Au returned from DSDD136 reported on 27/02/2025
- Aurum expects to add BDT3 deposit in its upcoming MRE.
- Exploration diamond drilling designed to grow resources at the BMT3 deposit on the Boundiali BM tenement continued returning shallow, high-grade gold hits including:
- 24.35m @ 1.21 g/t Au from 40m inc. 7m @ 2.19 g/t Au, and 12m @ 6.66 g/t Au from 69m inc. 1m @ 73.10 g/t Au (MBDD190)
- 1m @ 21.20 g/t Au from 19m (MBDD176)
- These high-grade intercepts are outside the existing MRE for BMT3.
- Drilling is ongoing at BD, BM and BST tenements utilising Aurum owned and operated 8 diamond drill rigs ahead of the imminent JORC resources update which is progressing on schedule.
- Aurum’s exploration and resource growth drilling at Boundiali is on schedule to complete a target of 100,000m diamond drilling in CY2025 to deliver two MRE updates in CY2025 growing the maiden 1.59Moz Boundiali Mineral Resource Estimate.
Commencement of Boundiali Gold Project development study
- Aurum has commenced work on a Boundiali Pre-Feasibility Study, due for completion by end of CY2025.
- Aurum appointed Côte d’Ivoire-based environmental specialist company EnvTech to conduct environmental and social impact studies.
- Aurum commenced promotion on public awareness of potential Boundiali Gold Project development concept.
Initiated diamond drilling at Napié Gold Project
- 30,000m drill program commenced in June at Napié Project, aiming to grow its existing 0.87Moz MRE.
- Napié MRE update due by end of CY2025.
CORPORATE
- $35.6M private placement announced in May 2025, approved by Shareholders in July.
- Completed settlement for Boundiali South Tenement (BST) acquisition.
- Strategic Joint Venture secured to expand Boundiali Gold Project, earning up to an 80% interest in each of two contiguous permit applications.
- Cash position of $46.9M (unaudited) inclusive of cash (end of June cash and May 2025 placement proceeds) and Montage shares.
